If there’s one thing Americans can bemoan, it’s the cost of higher education. Whether it’s lower tuition at a community college or tuition in excess of hundreds of thousands of dollars, Americans largely can agree that a good education is too expensive. Yet, a common financial planning challenge that comes up for families is not only how to pay for …
Financial Lessons from the Life of a Good Man My grandfather, Chester Persons, passed away on March 5th. While his passing is sad, he has left behind an incredible legacy, one part of which I want to share with you: financial lessons. While Chet didn’t die a rich man, he overcame enormous uphill battles to support his family and create …
In the United States, we have a national pension and disability insurance system called Social Security; you may have heard of it. Originally established in 1935, social security started as a safety net to provide the elderly, widows, and orphans with some form of supplemental income. At the time and since that time as the program has developed, the concern …
It was exactly one year ago when my phone rang. It was a client out in California, and the S&P 500 index had just shown a slide of over 11% in the proceeding five days. “Dan, don’t you think we should get out now? It’s getting kinda scary.” He said. “No; this is what asset allocation is for. We have …
There’s an old saying from Benjamin Franklin: “…nothing is certain but death and taxes.” Charmingly dour as the sentiment is, he’s not wrong about that when it comes to your financial affairs and the handling of your assets when it comes to moving on from this life. As a nation, we’ve experienced a disproportionate amount of loss in the past …